Trump angrily tweets, 'Impeach the Pres.' Sure, if you say so

[kpete]

Last edited Tue Oct 15, 2019, 03:52 PM - Edit history (1)

Just out: MEDIAN HOUSEHOLD INCOME IS AT THE HIGHEST POINT EVER, EVER, EVER! How about saying it this way, IN THE HISTORY OF OUR COUNTRY! Also, MORE PEOPLE WORKING TODAY IN THE USA THAN AT ANY TIME IN HISTORY! Tough numbers for the Radical Left Democrats to beat! Impeach the Pres.

Link to tweet

[katmondoo]

1. BS

[Iliyah]

2. Median Household?

[TheBlackAdder]

6. Is that the median income factoring in the Top 400 income earners?

[LonePirate]

9. Median is not the same as average. Those Top 400 have almost no impact on the median income.

Median is the middle number when all the numbers are lined up consecutively. For instance, if there were only three incomes of $1, $4 and $100, then the median income is $4 whereas the average income is $35 - a huge percentage difference between the two. The Top 400 can skew an average somewhat but they are a non-factor in almost 200 million incomes when determining a median.

[Eyeball_Kid]

3. Well. First, Trumpy always lies.

Second: there are no citations in Trumpy's tweet. Where did he get this information.

Third: Wages for the vast majority of working citizens have stagnated or slightly improved over the past 20 years. So where's the big swing?

[lunatica]

4. Stand back! His spittle is flying!

[flotsam]

5. Mean, Median, and Mode

If 99 people earn $1 per year and 1 person earns $101 per year...

Mean is $2

Median is $51

Mode is $1

They lump the Walton and such in with fry cooks to make the truth harder to see.

[exboyfil]

10. Median would be $1 as well

Half of the wages above and half below.

[LonePirate]

12. The median in your example is $1, not $51.

[Captain Zero]

7. Lets say 100 is the median and there are 300 families

So 150 families above median and 150 families below median.

All 150 below 100 could be making 10.
149 above could be making 101
And 1 family above could be making 5,000,000.

And the median then is 100. Same number of people above and below. Maybe that's a tick above the previous median which might have been 98.

But, Overall, how are those 300 families doing ?

[maxsolomon]

8. Thanks, Obama!

Yes, Impeach the President. I agree with President Sociopath.

[exboyfil]

11. Of course more people are working

Our population keeps increasing. Our labor participation rate is down form its high though.

[Farmer-Rick]

13. The workforce participation rate has actually gotten worse under the orange fool.

It was 67% in Sept. 1999 and it is 63.2% in Sept 2019. So a larger percent of people are not working today than 20 years ago.

It was 64 to 65 percent during the last crash.